Iran's Currency Hits Record Low as Economic Struggles Continue =============== #b76b706f ver:0.17 Iran's currency, the rial, has reached a record low of 613,500 rials to the dollar during the Persian New Year celebrations. The closure of most exchange shops during the Nowruz holidays has contributed to the low prices. The two-week holiday period drives the demand for US dollars and Euros, affecting other markets such as housing and rentals. The rial has been depreciating significantly since 2015, falling from 32,000 rials to the dollar to the hundreds of thousands. The government's inflation rate for February 2024 was reported at 42.5% by the Statistics Center and over 46% by the Central Bank. The strained relations between Iran and the West, as well as tensions in the Middle East, have further complicated Iran's economic situation. The dire economic conditions have led to widespread a... #newstr #Iran #Currency #Economy #Inflation #ParliamentaryElections #NowruzHolidays #Government #Hardliners
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Former AASU President Dipanko Kumar Nath Appointed as Secretary of State BJP in Assam =============== #fc3a82bf ver:0.35 Former Calcutta High Court Justice Abhijit Ganguly has joined the Bharatiya Janata Party (BJP) in West Bengal . Ganguly submitted his resignation to President Droupadi Murmu and Chief Justice of India Chandrachud, citing continuous taunts and insults from the ruling party, the Trinamool Congress (TMC) . This development comes after Justice Ganguly's resignation from the Calcutta High Court and speculation about his entry into politics . The Trinamool Congress (TMC) and Congress party had both expressed their reactions to his resignation, with TMC leaders inviting him to join politics and Congress leader Adhir Ranjan Chaudhary welcoming his resignation and offering him to join the Congress party . Justice Ganguly had previously criticized the Trinamool Congress for corruption in West Benga... #newstr #Bjp #WestBengal #Jharkhand #Assam #Politics
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Zimbabwe's Economic Diplomacy Yields Positive Results with Russia and China =============== #36ae1e53 ver:0.07 Zimbabwe's strategic shift towards economic diplomacy is starting to bear fruit, with notable developments in its relations with Russia and China. The Second Republic's focus on transactional mutually beneficial relations has proven to be a successful approach. On March 20, Russia officially handed over a consignment of 25,000 tonnes of wheat and 23,000 tonnes of fertilizer to President Mnangagwa. This contribution will significantly contribute to food security in Zimbabwe. Additionally, President Mnangagwa recently toured the Dinson Iron and Steel Company (Disco) in Manhize, which is set to begin production at its US$1.5 billion plant. The local procurement of iron and steel is expected to save Zimbabwe over US$400 million annually. These developments highlight the positive outcomes of Zi... #newstr #EconomicDiplomacy #ForeignPolicy #Zimbabwe #Russia #China #SteelIndustry #BilateralRelations
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